OLYMPIA, Wash., May 29, 2020 /PRNewswire/ -- Heritage
Financial Corporation (Nasdaq: HFWA), parent company of Heritage
Bank, has named Tony Chalfant to
succeed Dave Spurling as Chief
Credit Officer ("CCO") of Heritage Bank effective July 1, 2020. Spurling will continue to
assist with the Bank's credit needs until his retirement on
July 31, 2020. Chalfant has
held the title of senior vice president and deputy chief credit
officer of Heritage Bank since July
2019. Prior to that appointment, Chalfant served as the
regional credit officer since January
2018 when Heritage acquired Puget Sound Bank. Chalfant
served as the chief credit officer for Puget Sound Bank for 13
years and prior to joining Puget Sound Bank he held commercial
lending and leadership positions with U.S. Bank for 11 years.
Chalfant started his career with the U.S. Comptroller of the
Currency working there for eight years.
Spurling, who has served as executive vice president and chief
credit officer of Heritage Bank since 2007 and has held commercial
lending positions with Heritage since 2001, has played a
significant role in the success of the company. With a commercial
banking career spanning 36 years, Heritage has benefited from
Spurling's steady leadership, extensive credit background, and
general banking knowledge.
"Dave and his team led the bank through a period of exceptional
growth, both organically and via acquisitions, as well as difficult
credit cycles, and his contribution was invaluable" said Heritage
Financial Corporation president and chief executive officer
Jeff Deuel. "Although we will
certainly miss Dave and wish him the very best in retirement, we
are confident Tony will provide the expertise needed to manage us
through the current credit cycle and beyond."
Chalfant has also served his community by formerly serving on
the Boards of the Boys and Girls Clubs of Bellevue and the Bellevue Art Museum, and
currently he is a member of the Eastside Business Roundtable.
He obtained his Bachelor of Business Administration in Finance and
Economics from Washington State
University and is a graduate of the Pacific Coast Banking
School.
About Heritage Financial
Heritage Financial
Corporation is an Olympia-based
bank holding company with Heritage Bank, a full-service commercial
bank, as its sole wholly owned banking subsidiary. Heritage Bank
has a branch network of 62 banking offices in Washington and Oregon. Heritage Bank also does business under
the Whidbey Island Bank name on Whidbey Island. Heritage's stock is
traded on the NASDAQ Global Select Market under the symbol
HFWA. More information about Heritage Financial Corporation
can be found at www.hf-wa.com. Information regarding Heritage Bank
can be found at www.heritagebanknw.com.
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SOURCE Heritage Financial Corporation